Mercom Research Focus

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Mercom Research Focus

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Q1 2024 FUNDING AND M&A REPORT


Solar Q4 2023 Report

Akuo and Atlantica Reach Financial Close for 80 MW Solar Portfolio

Akuo, a renewable energy power producer and project developer and its UK-based partner Atlantica Sustainable Infrastructure closed the financing for 80 MW of solar projects in Chile. The portfolio comprises nine photovoltaic power ...
/ Solar
Corporate Funding for Energy Storage Companies Up 55% with $26.4 Billion in 2022

Blue Whale Materials Acquires Eclipse Energy to Offer Battery Testing

Blue Whale Materials, a provider of lithium-ion battery recycling solutions, announced the acquisition of Eclipse Energy, a battery testing and evaluation lab based in Greenfield, Indiana. The acquisition will allow Blue ...
/ Storage
Supply Chain Platform Solar Ladder Raises $1.3 Million in Seed Funding

Supply Chain Platform Solar Ladder Raises $1.3 Million in Seed Funding

From: Mercom India Solar Ladder, a supply chain platform for solar installation companies, has raised ₹110 million (~$1.3 million) in seed funding from a group of investors to distribute software ...
/ Solar
Sonnedix Acquires 300 MW of Solar Projects in the UK from Lightsource bp

Ib vogt Sells 149 MW Solar Project in Spain

Ib vogt, a renewable energy project developer, has agreed to sell the 149 MW Garnacha solar project in Spain to ERG, a renewable energy independent power producer. The Garnacha solar ...
/ Solar
Sodium–ion Battery Company Altris Raises $5.2 Million in Funding

Sodium–ion Battery Company Altris Raises $5.2 Million in Funding

Altris, a company that develops sodium-ion batteries, secured €4.8 million (~$5.2 million) in bridge financing from its current investors and employees. The funding will help the company scale its production ...
/ Storage